Common use of CONTRACT NOTE Clause in Contracts

CONTRACT NOTE. ‌ 9.1. Details of the FX Contract will be confirmed in writing in a Contract Note issued to you by us. The Contract Note shall include thefollowing: (a) the amount and currency of the Sale Monies you are required to pay to us to satisfy your obligations;‌ (b) the date(s) that you are required to have paid us the Sale Monies referred to in clause 9.1(a); (c) details of the bank account you should send the Sale Monies to, to satisfy clause 9.1(a); (d) the foreign exchange rate;‌ (e) a transaction number for the FX Contract; (f) the amount and currency of the Purchase Monies; (g) the Value Date; (h) the Contract Date; and‌ (i) any charges payable by you in respect of an associated Payment (including a breakdown of the amounts of those charges where applicable). 9.2. An FX Contract remains binding whether or not you receive the Contract Note. If you or an Authorised Person do not receive the Contract Note within two Standard Business Hours of conclusion of the FX Contract, you must notify us immediately. If you do not notify us within 3 Standard Business Hours of the FX Contract being entered into then we shall be entitled to assume that you have received the Contract Note. A failure by us to issue a Contract Note to you will not prejudice the rights and obligations of either party under the concluded FX Contract. 9.3. If there is any error or omission in the Contract Note, then it must be notified to us within 5 Standard Business Hours of its receipt by you or an Authorised Person. If you do not notify us of an error within that time period, you will be deemed by us to have confirmed that the details set out in the Contract Note (in the absence of Manifest Error) are correct. 9.4. If you enter into an FX Contract you may change the Value Date with our consent and subject to the terms which we will make you aware of. Please speak to a member of our staff if this is a requirement of yours. Meaning of defined terms first used in clause 9‌ Contract Note our written document setting out the details of each FX Contract. Standard Business Hours the hours between 9:00 am and 5:00 pm on a Business Day.

CONTRACT NOTE. ‌ 9.1. Details of the FX Contract will be confirmed in writing in a Contract Note issued to you by us. The Contract Note shall include thefollowingthe following: (a) the amount and currency of the Sale Monies you are required to pay to us to satisfy your obligations;‌obligations; (b) the date(s) that you are required to have paid us the Sale Monies referred to in clause 9.1(a); (c) details of the bank account you should send the Sale Monies to, to satisfy clause 9.1(a); (d) the foreign exchange rate;‌rate; (e) a transaction number for the FX Contract; (f) the amount and currency of the Purchase Monies; (g) the Value Date; (h) the Contract Date; and‌and (i) any charges payable by you in respect of an associated Payment (including a breakdown of the amounts of those charges where applicable). 9.2. An FX Contract remains binding whether or not you receive the Contract Note. If you or an Authorised Person do not receive the Contract Note within two Standard Business Hours of conclusion of the FX Contract, you must notify us immediately. If you do not notify us within 3 Standard Business Hours of the FX Contract being entered into then we shall be entitled to assume that you have received the Contract Note. A failure by us to issue a Contract Note to you will not prejudice the rights and obligations of either party under the concluded FX Contract. 9.3. If there is any error or omission in the Contract Note, then it must be notified to us within 5 Standard Business Hours of its receipt by you or an Authorised Person. If you do not notify us of an error within that time period, you will be deemed by us to have confirmed that the details set out in the Contract Note (in the absence of Manifest Error) are correct. 9.4. If you enter into an FX Contract you may change the Value Date with our consent and subject to the terms which we will make you aware of. Please speak to a member of our staff if this is a requirement of yours. Meaning of defined terms first used in clause 9‌ Contract Note our written document setting out the details of each FX Contract. Standard Business Hours the hours between 9:00 am and 5:00 pm on a Business Day.